Product Proposal for securing your Life Goals

Bajaj Allianz Life

Smart Protection Goal
A Non-Linked, Non-Participating, Individual Life Insurance Term Plan
UIN: 116N174V03

Hi Mr. HARIKRISHNA PRASAD RAMA KRISHNA,

Congratulations on taking the first step towards securing your Life Goals with Bajaj Allianz Life Insurance.

You have opted for Bajaj Allianz Life Smart Protection Goal, a term plan, which provides:

Key Features

Comprehensive Option to get back your Critical Illness Benefit Whole Life Cover Tax Benefits
Life Cover total premiums paid as Option Option
Maturity benefit
 Here's your illustration of Bajaj Allianz Life Smart Protection Goal

(10 years)

Age 28 38 60

(32 years)

You Pay You Get

Premium Life Insurance Cover ₹ 50,00,000
Including discounts (if any) and excluding GST From age 28 to 60

First year ₹ 16,871 Yearly

Second year onwards ₹ 17,759 Yearly Maturity Benefit ₹ 1,76,702

Payable as Lumpsum at age 60

First Year Premium Discounts ( signifies Applicable | signifies Not-applicable )

Salaried Discount Insurance for All Discount

(5% discount for first time life insurance buyers)

Additional Coverages ( signifies Opted | signifies Not-opted )

2
Critical Illness Benefit Return of Premiums
on Maturity

^P r emiums ar e payable at the beginning o f year . ^^Benefits to be r ec eived at the end o f the year . P r o duc t featur es mentio ned abo ve ar e dependent o n benefit c ho s en.
P r emiums /Benefits ar e dependent o n the P o lic y ter ms , P r emium payment ter ms availed alo ng with o ther var iable fac to r s .
T he abo ve benefi ts /r etur ns s ho wn in the do c ument ar e fo r illus tr ative pur po s e o nly & mus t be r ead in c o njunc tio n with the Benefi t Illus tr atio n. Fo r mo r e details o n r is k
fac to r s , ter ms and c o nditio ns pleas e r ead s ales br o c hur e & po lic y do c ument (available o n www.bajajallianzlife.c o m) c ar efully befo r e c o nc luding a s ale.
T ax benefits as per pr evailing Inc o me tax laws s hall apply. P leas e c hec k with yo ur tax c o ns ultant fo r eligibility.
 Why Bajaj Allianz Life

Total Asset Under Net Worth Number of Lives

Managment (AUM) Covered

Individual Claim Get 1 day claim As against IRDAI

settlement Ratio Approval mandated 150%

*All figures as on 31 March 2023

For more details please refer to Company Factsheet
https://www.bajajallianzlife.com/content/dam/balic/pdf/financialinformation/Factsheet/none/Q1/Factsheet-FY-2022-2023.pdf

3
Bajaj A llianz L ife Insurance Co.L td., CIN : U66010P N 2001P L C015959 | IRDA I Reg.N o. 116 BEW ARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /
Mail us: customercare@bajajallianz.co.in | Call on: T oll free no. 1800 209 7272 FRADULENT OFFERS -
Registered O ffice A ddress: Bajaj A llianz House, A irport Road, Yerawada, P une - 411006, IRDAI is not involved in activities like selling insurance policies,
Maharashtra announcing bonus or investment of premiums. Public
T he L ogo of Bajaj A llianz L ife Insurance Co. L td. is provided on the basis of license given receiving such phone calls are requested to lodge a police
by Bajaj Finserv L td.to use its "Bajaj" L ogo and A llianz SE to use its "A llianz" logo. complaint.
Quotation No : 60049482341

Bajaj Allianz Life Smart Protection Goal

A Non-Linked, Non-Participating, Individual Life Insurance Term Plan

Name of the Prospect/ HARIKRISHNA PRASAD Proposal No

Policyholder: RAMA KRISHNA
Age 28 years
Name of the Product: Bajaj Allianz Life Smart Protection Goal
Gender Male
Name of Life Assured HARIKRISHNA PRASAD Tag Line A Non-Linked, Non-Participating, Individual Life
RAMA KRISHNA Insurance Term Plan
Age 28 years
UIN: 116N174V03
Gender Male
Policy Term 32 years GST Rate (First Year): 4.50%
Premium Payment Term 10 years GST Rate (Second Year 2.25%
onwards):
Amount of Instalment Rs.17,630 Tobacco user No
Premium (including GST)
Mode Yearly Premium Category Medical
This benefit illus tra tion is intended to s how yea r-wis e premiums pa ya ble a nd benefits under the Policy

Policy Details
Sum Assured (Rs.) 50,00,000
Sum Assured on Death (at inception of the policy)(Rs.) 50,00,000
Maturity Benefit (Rs.) 1,76,702

Add-On Benefits Selected/Not Selected Sum Assured PT PPT

Critical illness Benefit No NA NA NA

Premium Summary
Particulars Base Plan Critical Illness Total Instalment Premium
Benefit
Instalment Premium (Including Premium for Add-ons) without GST 17,759 0 17,759
Salary Rebate, If available 0 0 0
Insurance for All Discount, If available 888 0 888
Geographical Extra 0 0 0
Instalment Premium without GST after discounts, if applicable 16,871 0 16,871
Instalment Premium with GST after discounts, if applicable (First Year only) 17,630 0 17,630
Instalment Premium with GST 2nd Year Onwards 18,159 0 18,159

Benefit Summary (Amount in Rupees)

Guaranteed Non-Guaranteed
Policy Annualised
Year Premium Survival Maturity Death Min. Guaranteed Surrender Value Special Surrender Value Surrender Value
Benefits Benefit Benefit (GSV) (SSV) Receivable
1 16,871 0 0 50,00,000 0 0 0
2 17,759 0 0 50,00,000 10,389 10,735 10,735
3 17,759 0 0 50,00,000 18,336 18,860 18,860
4 17,759 0 0 50,00,000 35,074 35,776 35,776
5 17,759 0 0 50,00,000 43,954 44,833 44,833
6 17,759 0 0 50,00,000 52,833 53,890 53,890
7 17,759 0 0 50,00,000 61,713 62,947 62,947
8 17,759 0 0 50,00,000 73,416 74,828 74,828
9 17,759 0 0 50,00,000 85,829 87,419 87,419
10 17,759 0 0 50,00,000 98,953 1,00,720 1,00,720

O.X.X.X
Quotation No : 60049482341

Benefit Summary (Amount in Rupees)

Guaranteed Non-Guaranteed
Policy Annualised
Year Premium Survival Maturity Death Min. Guaranteed Surrender Value Special Surrender Value Surrender Value
Benefits Benefit Benefit (GSV) (SSV) Receivable
11 0 0 0 50,00,000 1,02,487 1,04,254 1,04,254
12 0 0 0 50,00,000 1,06,021 1,07,788 1,07,788
13 0 0 0 50,00,000 1,09,555 1,11,322 1,11,322
14 0 0 0 50,00,000 1,13,089 1,14,856 1,14,856
15 0 0 0 50,00,000 1,16,623 1,18,390 1,18,390
16 0 0 0 50,00,000 1,20,157 1,21,924 1,21,924
17 0 0 0 50,00,000 1,23,691 1,25,458 1,25,458
18 0 0 0 50,00,000 1,27,225 1,28,992 1,28,992
19 0 0 0 50,00,000 1,30,760 1,32,527 1,32,527
20 0 0 0 50,00,000 1,34,294 1,36,061 1,36,061
21 0 0 0 50,00,000 1,37,828 1,39,595 1,39,595
22 0 0 0 50,00,000 1,41,362 1,43,129 1,43,129
23 0 0 0 50,00,000 1,44,896 1,46,663 1,46,663
24 0 0 0 50,00,000 1,48,430 1,50,197 1,50,197
25 0 0 0 50,00,000 1,51,964 1,53,731 1,53,731
26 0 0 0 50,00,000 1,55,498 1,57,265 1,57,265
27 0 0 0 50,00,000 1,59,032 1,60,799 1,60,799
28 0 0 0 50,00,000 1,62,566 1,64,333 1,64,333
29 0 0 0 50,00,000 1,66,100 1,67,867 1,67,867
30 0 0 0 50,00,000 1,69,634 1,71,401 1,71,401
31 0 0 0 50,00,000 1,73,168 1,74,935 1,74,935
32 0 0 1,76,702 50,00,000 1,76,702 1,76,702 1,76,702

Notes & Disclaimers:

1. The above informa on must be read in conjunc on with Sales Literature & Policy document. In case of any conflict between this benefit
illustration and your policy document, the latter shall prevail.
2. The Annualized Premium is exclusive of taxes, underwriting extra premium and loadings for modal premiums if any
3. Benefit Option - Life Cover*
* This cover will be available with or without ROP. If ROP feature is chosen, then, ROP will be applicable to the premium paid w.r.t. the variant
and any add-on cover opted for.
4. Add-On Cover
Critical Illness Benefit (CIB): On the occurrence of CI to life assured during the CIB cover period.
5. The benefits illustrated are as of at end of the year
6. Sum Assured on Death - For Regular Premium and Limited Premium: Sum Assured on Death is defined as the higher of (a) 10 Times
Annualized Premium*, (b) 105% of total premiums paid* till date of death, (c) Sum Assured (or prevailing sum assured, if applicable),
* Annualised Premium -Total Premium/s payable in a Policy Year, excluding any Extra Premium, and GST, if any.
7. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for
applicability of tax benefit on premiums paid and benefits received.
8. For any further clarification, contact our sales representative or e-mail us on customercare@bajajallianz.co.in
I, ___ ____, have explained the premiums, charges and benefits I, ___ HARIKRISHNA PRASAD RAMA KRISHNA _____ , having received
under the policy fully to the prospect / policyholder. the informa on with respect to the above, have understood the
above statement before entering into the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder

Bajaj Allianz Life Insurance Co. Ltd.,

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel:(020) 66026777.
Email: customercare@bajajallianz.co.in
www.bajajallianzlife.com

O.X.X.X
Quotation No : 60049482341

O.X.X.X